There is a condo for sale in need of updates, but great location and excellent price. However, I've been told by the realtor that the building only allows two rentals, and there are already two rentals. The condo ha...
Eventually I would like to turn the house I am currently living in into a short-term rental property. I read the bylaws and covenants of my HOA and it makes no mention about renting or short-term rentals. The other ...
Hi there,I own a handful of longterm rental properties in Chicago and have sat on an HOA Board for many years. After years and years of being frustrated by how tough it is to find honest, communicative contractors, I ...
I purchased a property in an area with an HOA in 2020 in a ski town with the intent to build a home on it to live in during retirement (15 years away) and rent until then using it occasionally when not rented to cover...
A Seller owes 8k in HOA fees, is there anyway that I can negotiate that so I can purchase the property at a better price?
I am in contract for a condo, I have the right to assign or buy. It has a right to rent if it is grandfathered in. This unit is grandfathered but no renter is in place. In our contract I have the right to find a re...
I moved into a condo complex in April 2018. At that time the reserves were around 180k. I became the president of the board in Jan 2019. I am now looking over financial records from 2015-2018. Our reserves went from $...
is there a process to purchase HOA liens? Can I go directly to the community HOA board to purchase outstanding liens?
Florida ststue 718.113(1) states Maintenance of the common elements is the responsibility of the association: elsewhere is also includes repair and replacement.
In another statute, 718.111 it states...
Hello BP! Glad to be back!Our (rental) Condo unit has roofing problems and it took the management company a while to replace the roof. Meanwhile, 3 top floor units, including mine sustained ceiling damages. One unit ...